What is 'risk profile' in SAP IS-PS-CA - Public Sector Contract Accounts Receivable and Payable?

risk profile - Overview

• Component: IS-PS-CA

• Component Name: Public Sector Contract Accounts Receivable and Payable

• Description: A group of related risk categories.

risk profile - Details

• 
  Key Concepts: 
  Risk profile is a component of the IS-PS-CA Public Sector Contract Accounts Receivable and Payable module in SAP. It is used to define the risk associated with a particular customer or vendor. The risk profile is based on the customer or vendor's creditworthiness, payment history, and other factors. 
  
  How to use it: 
  The risk profile is used to determine the credit limit for a customer or vendor. It is also used to determine the payment terms for a customer or vendor. The risk profile can be set up in the SAP system by entering the customer or vendor's creditworthiness, payment history, and other factors. 
  
  Tips & Tricks: 
  It is important to regularly review and update the risk profile for customers and vendors. This will ensure that the credit limit and payment terms are accurate and up-to-date. 
  
  Related Information: 
  The IS-PS-CA Public Sector Contract Accounts Receivable and Payable module also includes features such as invoice processing, payment processing, and dispute resolution.